More Newspaper Firings: Sun-Times may cut 35 newsroom positions

Silicon Alley Insider:

The Chicago Sun-Times (SVN) becomes the latest paper to re-size to the new reality, and 35 more journalists may soon be seeking new jobs (we're hiring!). Jury still out on which formerly cash-gushing newspaper company will be the first to go Chapter 11. Douglas McIntyre at 24/7 is banking on the Journal Register or McClatchy. With only $166 million of cash and about $50 million of cash burn per quarter, Sun-Times Media may not be far behind.